UK Preliminary Services PMI declines to 52.9 in May vs. 54.7 expected
Source Fxstreet
- UK Services PMI dropped to 52.9 in May.
- Manufacturing PMI in the UK expanded to 51.3. in May.
- GBP/USD holds higher ground near 1.2740 after mixed UK business PMIs.
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) rebounded from 49.1 in April to 51.3 in May, beating 49.5 expectations.
more to come ...
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
As of the European session on October 16, gold prices (XAUUSD) extended their rebound, with the latest price trading near $4,185, up about 0.4% on the day. Gold prices had previously drop
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 16, 2026. Read on for the details.
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 14, 2026. Read on for the details.
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 15, 2026. Read on for the details.
Today’s Market Recap: U.S. Stocks Rebound, Dow Jumps Over 1%, Micron Gains 1.87%, CoreWeave Rallies Nearly 6%Tracking the Market TrendTradingKey - On October 15, Eastern Time, U.S. September PPI data posted its largest monthly and annual gains since 2022, prompting investors to shift from AI tech stocks to d
Tracking the Market TrendTradingKey - On October 15, Eastern Time, U.S. September PPI data posted its largest monthly and annual gains since 2022, prompting investors to shift from AI tech stocks to d
Related Instrument
